Budget

Your Investments: I’ll take both the blue and the purple dresses

If you can honestly differentiate between needs and wants, you’ll be in a much stronger financial situation and ultimately be able to indulge every now and then in a luxury item.

Learn how to save your money
MK's Moshe Gafni and Yitzchak Goldknopf seen during a vote on the state budget at the assembly hall of the Knesset, the Israeli parliament in Jerusalem, January 28, 2026.

Knesset votes to split Arrangements Bill amid haredi parties' threats over state budget

US President Donald Trump looks on as he signs executive orders and proclamations in the Oval Office at the White House, in Washington, DC, US, May 5, 2025

US President Trump signs budget with $4 billion for Israel, ban on UNRWA funding

 The Knesset building, home of Israel's legislature, in Jerusalem, on November 14, 2022 (Illustrative).

Israel's budget deadline: What happens if Knesset cannot agree in time? - explainer


First budget bills expected to pass into law overnight

The bills were expected to pass with a comfortable majority, following the return of MK Itamar Ben-Gvir’s Otzma Yehudit party to the government.

 Finance Minister and Head of the Religious Zionist Party Bezalel Smotrich leads a faction meeting at the Knesset, the Israeli parliament in Jerusalem, February 3, 2025.

Knesset tensions rise as opposition seeks to block budget cuts

Israel’s 2025 budget faces opposition pushback over proposed spending cuts, potentially delaying its approval ahead of the March 31 deadline.

 The Finance Committee meets in the Knesset, June 2021

Coalition struggling to muster majority to pass 2025 budget, sources say

The bill is currently being prepared in the Knesset Foreign Affairs and Defense Committee but is unlikely to pass by the end of the month.

 Prime Minister Benjamin Netanyahu and Construction and Housing Minister Yitzhak Goldknopf seen in Jerusalem, September 27, 2023

NIS 1b. for yeshivot inserted into budget base, haredi parties say

The decision means that the funds will no longer be labeled as “coalition funds”.

 HOUSING MINISTER Yitzhak Goldknopf, United Torah Judaism’s leader, in the Knesset last month. He turned to his Jewish heritage and instincts regarding the plight of the hostages, notes the writer.

Government approved 2025 ‘coalition funds’ amidst criticism

Coalition funds are a part of the national budget aimed at enabling the implementation of political agreements.

 Finance Minister and Head of the Religious Zionist Party Bezalel Smotrich leads a faction meeting at the Knesset, the Israeli parliament in Jerusalem, February 3, 2025.

Gov’t to whitewash over NIS 1 billion political funds in 2025 budget, letter reveals

The vote over coalition funds has been delayed.

 Prime Minister Benjamin Netanyahu and Construction and Housing Minister Yitzhak Goldknopf seen in Jerusalem, September 27, 2023

UTJ leaders refuse Netanyahu request to delay haredi draft bill

While preparation of the haredi draft bill sped up in the Knesset Foreign Affairs and Defense Committee in recent weeks, it is still unlikely to pass into law by March 3.

 Police officers in Bnei Brak, Israel use water cannons as haredi Orthodox Jewish men block a main highway to protest efforts to allow the state to draft Haredi yeshiva students into military service, June 2, 2024.

Israel advocacy is an additional Iron Dome for our national security - opinion

We cannot afford to neglect advocacy. This is precisely how the Civil Advocacy Headquarters was founded. But without financial backing from the state, it is fighting a losing battle from the outset.

 An Iron Dome launcher fires an interceptor missile as rockets are fired from Gaza, in Sderot, Israel, May 10, 2023.

Treasury official to Post: 'rehabilitating North and South difficult without budget'

Treasury official to Post: The continuing budget has the advantage of slowing expenditure, which moderates the deficit, but this comes with uncertainty and limits on the government to plan and act.

VARIOUS ISRAELI banknotes are displayed for an illustrative photo. The economy is well on its way to the pre-pandemic standards of budgetary discipline.

Your Taxes: Surly surtax

As part of the 2025 budget tax package, the Knesset passed an amendment that expands and increases what is sometimes known as the “Rich Man’s Tax” on high-income taxpayers.

Calculating taxes